Vertiv (NYSE:VRT) Trading 5.2% Higher – Should You Buy?

Shares of Vertiv Holdings Co. (NYSE:VRTGet Free Report) shot up 5.2% during mid-day trading on Friday . The stock traded as high as $179.80 and last traded at $181.00. 4,057,396 shares changed hands during trading, a decline of 53% from the average session volume of 8,696,742 shares. The stock had previously closed at $172.02.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research analyst reports. UBS Group upped their price objective on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Rothschild Redb upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. increased their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Mizuho lifted their price target on Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average price target of $177.81.

Read Our Latest Report on VRT

Vertiv Trading Up 5.2%

The company has a market capitalization of $69.20 billion, a P/E ratio of 68.30, a PEG ratio of 1.46 and a beta of 1.87. The business has a 50 day moving average price of $171.03 and a 200 day moving average price of $141.07. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRTGet Free Report) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period last year, the business posted $0.76 earnings per share. The business’s revenue for the quarter was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be paid a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is presently 9.43%.

Insider Transactions at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This represents a 57.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Several hedge funds have recently made changes to their positions in VRT. Financial Management Professionals Inc. grew its position in Vertiv by 1,560.0% in the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock valued at $25,000 after purchasing an additional 156 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Vertiv in the second quarter valued at about $26,000. Pacer Advisors Inc. increased its position in shares of Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after acquiring an additional 69 shares during the last quarter. SouthState Corp acquired a new position in Vertiv during the first quarter valued at approximately $27,000. Finally, Avion Wealth increased its position in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Company Profile

(Get Free Report)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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